AMGC Commercialisation Fund

AMGC Commercialisation Fund

What is the AMGC Commercialisation Fund?

The AMGC Commercialisation Fund is a grant opportunity to support Australian companies to commercialise new products and processes based upon already existing or new IP. The Commercialisation Fund is intended to fund later stage commercialisation, not early-stage research based programs. However, projects are still encouraged to include collaboration with research partners.

 

Background

The Advanced Manufacturing Growth Centre (AMGC) was established in 2015 as a key plank of the Australian Government’s Industry Growth Centre Initiative. Its goal is to drive innovation, productivity and competitiveness across Australia’s manufacturing industry.

AMGC is an industry-led, not-for-profit organisation and is run by a board and management team of industry experts. It is connected with a nationwide network of manufacturers, universities and research institutions, and export hubs.

 

Objectives

The objectives of the grant are to fund projects through AMGC’s Commercialisation Fund that:

  • Commercialise new products and processes within the Australian manufacturing industry that are at the TRL 6 to 9.
  • Invest in Australian manufacturing projects that aim to transition a new product or process from the pilot/ prototype stage to full commercial operations.

The intended outcomes of the AMGC Commercialisation Fund are:

  • To increase the capability and competitiveness of Australian manufacturers under the six National Manufacturing Priorities: Food and Beverage; Medical Products; Resources Technology and Critical Minerals processing; Recycling and Clean Energy; Defence; and Space, through the implementation of new technologies
  • To increase productivity and create jobs in the Australian manufacturing industry

 

Funding

For this grant opportunity $30 million is available from 2020-21 to 2022-23.

The grant amount will be up to 50 per cent of eligible project expenditure (grant percentage).

  • The minimum grant amount is $100,000, and
  • The maximum grant amount is $1,000,000

Grantees will contribute a minimum of 50% of eligible project costs as cash contributions. Grantees cannot fund their contribution from other Commonwealth, State, Territory or local government grant source, or use in-kind (non-financial) contributions to match Commonwealth funding. Grantees must provide evidence of their ability to fund their contribution in their application.

 

Eligible Projects

Australian manufacturing industry projects funded through the AMGC Commercialisation Fund may include the following activities:

  • Collaboration and networking with other businesses to develop a product and establish market potential.
  • Collaborating with research and technology hubs/centres to test ideas and share knowledge.
  • Engaging external professionals to provide commercialisation and market advice, such as identifying market opportunities and developing a market strategy.
  • Creating distribution strategies, such as market entry pathway and identifying domestic supply chains.
  • Developing a product for commercialisation using high value manufacturing techniques or processes such as rapid prototyping or using state-of-the-art manufacturing plant.
  • Acquiring, constructing, installing and commissioning of new machinery and equipment to facilitate the project (limited to 25% of grant funding)
  • Research collaboration as it relates to the validation/viability of later stage commercialisation, and
  • Approved production and post-production manufacturing activities related to commercialisation.

The intended outcomes of the AMGC Commercialisation Fund are to increase the capability and competitiveness of Australian manufacturers under the six National Manufacturing Priorities through the implementation of new technologies; and to increase productivity and create jobs in the Australian manufacturing industry. In undertaking the Activity, the Grantee must comply with the requirements of the grant opportunity guidelines (as in force at the time of application).

 

Eligible Applicants

To be eligible for the AMGC Commercialisation Fund you must:

  • Have an Australian Company Number (ACN)
  • Have an Australian Business Number (ABN)
  • Be non-tax-exempt
  • Be registered for the Goods and Services Tax (GST)
  • and be an entity incorporated in Australia, including start-ups and a trading corporation, where your trading activities form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation or are a substantial and not merely peripheral activity of the corporation.

AMGC Commercialisation Fund can only accept applications:

  • From manufacturing small and medium-sized Australian enterprises (SMEs) with up to 199 employees (headcount) however larger organisations are eligible to apply and may be accepted due to the impact on Australian manufacturing generally
  • With a minimum of $200,000 in eligible project expenditure
  • Where your application clearly identifies the level of job creation in Australia expected from your project
  • Where your project aligns with one or more of the six National Manufacturing Priorities
  • Where you can provide evidence that you can complete the project and meet the costs of the project not covered by grant funding.
  • Where you can provide evidence of how you will provide your share of project costs using the accountant declaration template which confirms you can fund your share of the project costs, including any ineligible expenditure. The accountant declaration template must be used and is available on https://www.amgc.org.au/wp-content/uploads/2021/02/Financial-viabilty-template.pdf
  • From an AMGC member. AMGC membership is open to all industry partners and is free.
  • Where the project has at minimum three project collaborators.

 

Timing

Applications close 30 June 2022.

 

Latest Recipients

The AMGC released the following full list of recipients in the latest rounds:

  • Nedstack Australia (NSW) – Clean Energy – Commercial prototype development of Australia’s first utility-scale PEM fuel cell leveraging Australian supply chain in collaboration with LAVO. Total project commitment $3.56million ($825,000 grant funds)
  • Seeley International (SA) – Clean Energy – Accelerated design and development of an Australian-based manufacturing line for an ultra-high efficiency roof top Heating Ventilation and Cooling Unit (HVAC). Total project commitment $2.64million ($1.0million grant funds)
  • Energy Renaissance (NSW) – Clean Energy – Support for process, technology and workforce skills at pilot manufacturing facility for lithium-ion batteries to prepare for full facility deployment. Total project commitment $1.48million ($525,072 grant funds)
  • ActionLaser (NSW) – Recycling – Funding to establish an Australian manufacturing capability of filters used in recycling of polymers, replacing current imported products. Total project commitment $1.3million ($558,500 grant funds)
  • Empower Energy (NSW) – Clean Energy – Deliver Australia’s first cost-effective solar-storage product designed for Australian climate, remoteness, bushfire risk, and coastal living conditions. Total project commitment $1.24million ($487,500 grant funds)
  • Micro-X (SA) – Medical – Development of ultralight mobile x-ray trolley system for use in outdoor clinical or veterinary settings. Total project commitment $1.17million ($525,072 grant funds)
  • Additive Assurance (VIC) – Defence – Commercialisation of a new quality assurance system for powder bed fusion additive manufacturing. Total project commitment $1.1million ($546,000 grant funds)
  • Hone (Rapid Phenotyping) (NSW) – Food and Beverage – Commercialisation of a hand-held device to measure the protein content of grains, to assist with determining quality of raw materials in grain supply chains, for example high-protein or low gluten grains for food production. Total project commitment $1.0million ($500,938 grant funds)
  • HeadsafeIP (NSW) – Medical – Manufacturing of Nurochek: a fast, portable medical device providing objective assessment of brain injuries. Total project commitment $895,000 ($447,500 grant funds)
  • carbonTRACK (VIC) – Clean Energy – Development and commercialisation of mass market Smart Gateway (cellular & Wi-Fi device) to monitor and control renewable energy assets and electronic devices. Product maximises energy efficiency while minimising costs and CO2 emissions and supports virtual power plants, virtual energy networks and energy trading. Total project commitment $877,000 ($428,500 grant funds)
  • Hydrogen Technology Holdings (QLD) – Food and Beverage – Develop a commercial-ready hydrogenated water infusion machine to prolong lifespan, health, and commercial value of wild caught and commercially farmed Finfish. Total project commitment $787,198 ($371,599 grant funds)
  • ZellaDC (WA) – Resource Technology & Critical Minerals Processing – Development of a next-generation micro Data Centre, using new lightweight, fire retardant materials to deliver design, scalability and energy efficiency gains. The program will also replace materials currently imported into Australia. Total project commitment $813,100 ($406,550 grant funds)
  • SBN Technology (VIC) – Medical – Development and commercialisation of AxIT Rehab, a medical-grade strength assessment system specifically for rehabilitation. Total project commitment $528,000 ($239,000 grant funds)
  • Bestie Kitchen (NSW) – Food and Beverage – Commercialisation and launch of nutraceutical gummy chews for cats and dogs, supported by holistic health and wellness app. Total project commitment $344,850 ($149,925 grant funds)
  • Pryde Fabrication (QLD) – Recycling – Establish a manufacturing facility to manufacture bus shelter ‘J poles’ from recycled plastic, currently made from steel, to reduce corrosion issues and maintenance costs, while addressing plastic waste. Total project commitment $200,000 ($100,000 grant funds)

 

More Information

 

Latest News

07 October 2021 – Ellen Medical Devices receives $427,500

Sydney-based start-up Ellen Medical Devices will receive $427,500 in government funding that will be matched by the company, making a total investment of $1.04 million to develop its award-winning Ellen Medical Dialysis System.

The investment is part of the Advanced Manufacturing Growth Centre’s (AMGC) $30 million Commercialisation Fund supporting innovative Australian businesses to grow their manufacturing capabilities and commercialise world-leading products.

Ellen Medical Managing Director and kidney specialist Professor John Knight said that global epidemics of high blood pressure, obesity and diabetes, were leading to rapidly rising rates of kidney disease.

07 October 2021 – Grants to help manufacturers commercialise great ideas

Ten successful projects will share in more than $5.7 million in funding to scale up their operations and bring their products to market. Acting Minister for Industry, Science and Technology Angus Taylor says the projects are a testament to the ingenuity of Australia’s manufacturing sector.

The projects funded under tranches four and five of the Commercialisation Fund include:

  • Sleeptite PTY LTD (Hawthorn, VIC) has received $872,004 to fast-track the development of its revolutionary “REMI” sleep technology – a mattress monitoring and alert system for use in medical and care settings, providing real-time data analysis of a patient’s presence, position and posture while they are in bed.
  • Commonwealth Steel Company Pty Limited (Molycop) (Sydney, NSW) has received $750,000 to develop its solution to transform Australian steel manufacturing. By recycling tyres, conveyer belts and gumboots to generate carbon and hydrogen, and incorporating these into the steel manufacturing process, Molycop is helping the steel manufacturing industry to reduce its carbon footprint and improve sustainability and productivity.
  • Nexxis Technology Pty Ltd (O’Connor, WA) has received $675,002 to continue the development of its Magneto Modular Deployment Platform, a multi-limbed, climbing inspection robot which can provide testing and measuring for a variety of applications including oil rigs, engines, machinery, mining operations, infrastructure projects and manufacturing processes.
  • Ellen Medical Devices Pty Limited (Newtown, NSW) has received $427,500 to manufacture and certify an affordable portable peritoneal dialysis system for sufferers of kidney failure, and develop a competitive manufacturing facility in Australia with significant export potential.
  • Savic Motorcycles Pty Limited (West Melbourne, VIC) has received $657,481 to complete the development of its Australian-first, high-performance electric motorcycle to roadworthy certification.
  • Sea Forest Ltd (Tasmania) received $675,000 to help it establish a processing and manufacturing facility for its seaweed product that could help Australia’s farmers to significantly reduce their carbon footprint. 

20 July 2021 – Government dishes out $7m in commercialisation grants 

The federal government has handed 15 Australian manufacturers a total of $7.1 million to help their commercialised products, with New South Wales projects accounting for nearly half the initiatives funded.

Projects received the grants of up to $1 million on a co-funding basis, with government funding to make up no more than half of total project costs, and must fall within one of the government’s six priority areas of manufacturing.

Recipients include ultra-efficient heating and cooling systems, fuel cells, brain injury assessment device and portable x-ray technology.

Source

04 May 2021 – NT Government, AMGC Announce $8.75M “Kickstarter On Steroids”

The federally-funded Advanced Manufacturing Growth Centre and the Northern Territory government have announced a partnership, which will see the NT government invest $8.75 million over five years to back commercialisation projects.

The funding would “fast-track innovation projects and generate millions of dollars in co-investment” according to a statement.

The announcement includes project grant funding, as well as:

  •       A permanent AMGC Territory director appointed “to build connections between local manufacturers and interstate research institutions” and
  •       Establishment of an AMGC office in Darwin for that director, with support from AMGC’s existing national team.

As with federal-level AMGC projects, grant funding would support collaborative projects with the lead manufacturer having to invest at least a dollar of their own money to receive a dollar of grant support.

Source


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